News

Image
news header
Dec 19, 2019

The federal Indian Employment Credit has been retroactively renewed and extended for tax years beginning before 2020. This corporate income tax credit for employers hiring enrolled members of an Indian tribe or their spouses can yield up to $4,000 per qualified employee annually and had last sunset at the end of 2017.

For more information on how these changes could benefit your business, please contact your Silverlode Tax Consultant or contact@silverlodeconsulting.com.

Dec 19, 2019

The federal Disaster Employee Retention Credit has been retroactively renewed and expanded to include an additional 20 disasters occurring in 2018 and 2019. This corporate income tax credit for businesses affected by a federally designated disaster who have retained employees can yield up to $2,400 per qualified employee and had last sunset at the end of 2017.

For more information on how these changes could benefit your business, please contact your Silverlode Tax Consultant or contact@silverlodeconsulting.com.

May 22, 2019

The Ohio Craft Brewers Association reported Ohio's craft breweries had a $967 million economic impact in 2018. Silverlode conducted this study which shows $124 million of annual state and local taxes generated by the industry.

Sep 18, 2018

Cleveland Clinic reported a $17.8 billion impact on the State of Ohio in 2016. Silverlode conducts economic and fiscal impacts for Cleveland Clinic every three years. The most recent study shows a 41% increase in economic output from the 2013 report. See a summary of Silverlode's economic and fiscal impact study here: A Vital Force in Ohio's Economy

Sep 4, 2018

Chicago's business leaders are eager to know if the next mayor will be as successful at working with companies as Rahm Emanuel has been, particularly within the tech industry. Dennis McAndrew speaks to the Chicago Tribune about the potential risk of leadership turnover, but says businesses are more focused on drivers such as the labor marketing, educational institutions, business partnerships, and transportation infrastructure.